SawaalBoxसवाल बॉक्स

National Income & Economic Growth

35 questions in Indian Economy.

Asked in 2022, 2021, 2019, 2018, 2015, 2013, 2011, 2010, 2008, 2007, 2003, 2002, 2001, 2000

2022 · Q7Indian EconomyNational Income & Economic Growtheasy

Which of the following activities constitute real sector in the economy ? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below :

  1. (a)1 and 2 only
  2. (b)2, 3 and 4 only
  3. (c)1, 3 and 4 only
  4. (d)1, 2, 3 and 4
Show answerHide answer

Official answer(a) 1 and 2 only

2018 · Q47Indian EconomyNational Income & Economic Growthmoderate

If a commodity is provided free to the public by the Government, then

  1. (a)the opportunity cost is zero.
  2. (b)the opportunity cost is ignored.
  3. (c)the opportunity cost is transferred from the consumers of the product to the tax-paying public.
  4. (d)the opportunity cost is transferred from the consumers of the product to the Government.
Show answerHide answer

Official answer(c) the opportunity cost is transferred from the consumers of the product to the tax-paying public.

2002 · Q37Indian EconomyNational Income & Economic Growthmoderate

With reference to the Indian economy, consider the following activities: 1. Agriculture, Forestry and Fishing 2. Manufacturing 3. Trade, Hotels, Transport and Communication 4. Financing, Insurance, Real Estate and Business services The decreasing order of the contribution of these sectors to the Gross Domestic Product (GDP) at factor cost at constant prices (2000-01) is

  1. (a)3, 1, 2, 4
  2. (b)1, 3, 4, 2
  3. (c)3, 4, 1, 2
  4. (d)1, 3, 2, 4
Show answerHide answer

Official answer(c) 3, 4, 1, 2

2001 · Q19Indian EconomyNational Income & Economic Growthmoderate

The term National Income represents

  1. (a)Gross National Product at market prices minus depreciation
  2. (b)Gross National Product at market prices minus depreciation net factor income from abroad
  3. (c)Gross National Product at market prices minus depreciation and indirect taxes subsidies
  4. (d)Gross National Product at market prices minus net factor income from abroad
Show answerHide answer

Official answer(c) Gross National Product at market prices minus depreciation and indirect taxes subsidies

2001 · Q114Indian EconomyNational Income & Economic Growthmoderate

The following table shows the percentage change in the consumption of electricity by five towns P, Q, R, S, T from 1986 to 1988: Town Per cent change from 1986 to 1987 From 1987 to 1988 P +8 −18 Q +15 −11 R +6 +9 S −7 −5 T +13 −6 If town T consumed 500,000 units in 1986, how much did it consume in 1988?

  1. (a)371,000 units
  2. (b)531,100 units
  3. (c)551,100 units
  4. (d)571,100 units
Show answerHide answer

Official answer(b) 531,100 units

2000 · Q73Indian EconomyNational Income & Economic Growtheasy

Match List I with List II and select the correct answer using the codes given below the Lists: List I I. Boom II. Recession III. Depression IV. Recovery List II A) Business activity at high level with increasing income, output and employment at macro level B) Gradual fall of income, output and employment with business activity in a low gear C) Unprecedented level of under employment and unemployment, drastic fall in income, output and employment D) Steady rise in the general level of prices, income, output and employment Codes:

  1. (a)I-A, II-B, III-C, IV-D
  2. (b)I-A, II-B, III-D, IV-C
  3. (c)I-B, II-A, III-D, IV-C
  4. (d)I-B, II-A, III-C, IV-D
Show answerHide answer

Official answer(a) I-A, II-B, III-C, IV-D